28 June 2017, Sweetrude, Abuja – The National Bureau of Statistics, NBS, says Nigeria exported crude oil valued at N2.38 trillion…
Browsing: Nembe Creek Trunk Line
Oscarline Onwuemenyi 28 June 2017, Sweetrude, Abuja – Despite the Nigerian government’s success in achieving relative peace in the Niger Delta…
“Areas much affected by the insecurity are the onshore and shallow water assets, where government take is higher. Hence, sustained security of onshore and shallow water locations remains a priority to restore production to peak levels,” the report noted.
Nigeria recorded the biggest drop in output in March among its peers in OPEC, followed by Saudi Arabia, the group’s biggest producer. The 13-member cartel, in its latest monthly oil market report for April, said Nigeria recorded the biggest decline of about 157,000bpd in the period under review.
26 March 2015, Lagos – The Shell Petroleum Development Company of Nigeria Limited has announced the completion of the sale of…